Is Clemmons, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Clemmons has remained a Seller's Market.
Key Takeaway
Clemmons is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Clemmons, NC
How much do homes in Clemmons, NC cost?
Median Sold Price
$380,000
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Clemmons have sold for 1.3% more than they did a year ago.
Summary: The median home sold price in Clemmons was $380,000 in March 2024, up 1.3% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $90K | $65K | -27.8% |
| 2 Bedrooms | $185.4K | $215K | +16.0% |
| 3 Bedrooms | $315K | $344.5K | +9.4% |
| 4 Bedrooms | $445K | $460K | +3.4% |
| 5+ Bedrooms | $520K | $583.5K | +12.2% |
Summary: Clemmons housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27.8%, 2 bedroom homes increased by 16%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 12.2%.
Median Sold Price Compared To Nearby Cities
| Lewisville | $374.5K | $417.5K | +11.5% |
| Lewisville Township | $360.5K | $380.2K | +5.5% |
| Clemmonsville Township | $380K | $398.5K | +4.9% |
| Clemmons | $375K | $380K | +1.3% |
| South Fork Township | $302.5K | $299.5K | -1.0% |
Housing Supply in Clemmons, NC
How many homes are available in Clemmons, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 106 | 122 | +15.1% |
Summary: The Clemmons real estate market had 122 homes for sale in March 2024, a 15.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 44 | 52 | +18.2% |
| 4 Bedrooms | 43 | 50 | +16.3% |
| 5+ Bedrooms | 10 | 12 | +20.0% |
Summary: The Clemmons housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 16.3%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 32 | 37 | +15.6% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clemmons, you may be able to get a good deal. 54.1% of homes here sold below asking price last month.
Summary: A total of 37 homes were sold or pending in Clemmons in March 2024, up by 15.6% month-over-month. Of the 37 sold homes, 54% were sold under asking, 30% were sold at asking, and 16% were sold over asking.
Days on Market for Clemmons, NC
How long does it take to sell a home in Clemmons, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 27 Days | 58 Days | +117.8% |
Summary: Homes in Clemmons had an average of 58 days on market in Mar 2024, up by 117.8% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Clemmons are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 37 homes were sold in Clemmons; 54% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
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